Lanco Infratech

Punjab & Sind Bank Share Price: On Thursday, Punjab & Sind Bank opened on the BSE at Rs 19.90, inching to an intra day high of Rs 20.10, and an intra day low of Rs 19.55, so far

Punjab & Sind Bank declared Lanco Infratech Limited's NPA account as fraud, with outstanding dues of Rs 215.17 crore on Wednesday, June 16.

Total NPAs of the banking system stand at over Rs 8trillion of which Rs 6 trillion are with public sector banks.

The company is among 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore

Lanco Infratech's (LITL) consolidated net loss widened to Rs 448.88 crore during the quarter ended June 30, 2016.

Lanco Infratech Ltd on Wednesday said it is in discussions with lenders and consultants to sell some of its operating assets.

Lanco Infratech Ltd on Wednesday said it is in discussions with lenders and consultants to sell some of its operating assets.

Lanco Infratech on Thursday reported a consolidated net profit of Rs 136.49 crore for the quarter ended December 31, 2015, on the back of better performance of operating power projects and write-back of tax provisions.

Lanco Kondapalli Power Limited, asubsidiary of Lanco Infratech, has operationalised a 371 Mw unit of Kondapalli Power Project at Vijayawada in Andhra Pradesh.

The Hindu Business Line newspaper reported that Lanco Infrastructure has approved a move to issue compulsorily convertible debentures (CCDs) on preferential basis to IDFC Bank.

Lanco Infratech Ltd on Friday said the board will meet next week to consider the proposal for issuing compulsory convertible debentures (CCDs).

Lanco Amarkantak Power (LAPL), an arm of Lanco Infratech, has started power supply to Haryana distribution companies from its Amarkantak plant in Chhattisgarh.

The revenues of Lanco Amarkantak is likely to double to Rs 1,200 crore and its operating profit (EBITDA) is likely to increase by Rs 200 crore for the full year of operation after the start of power supply to Haryana Discom, Lanco Infra said in a release to Bombay Stock Exchange.

Stocks of 21 companies, including Standard Chartered, Financial Technologies India, Reliance Industrial Infrastructure, JSW Holdings, ABG Shipyard and Lanco Infratech, will be dropped from the BSE 500 index on December 21.

Aiming to pare debt, Lanco Infratech will raise $1 billion (about Rs 6,600 crore) through the sale of one of its large power projects and listing of its power business in the next two years.

Punjab & Sind Bank Share Price: On Thursday, Punjab & Sind Bank opened on the BSE at Rs 19.90, inching to an intra day high of Rs 20.10, and an intra day low of Rs 19.55, so far

Punjab & Sind Bank declared Lanco Infratech Limited's NPA account as fraud, with outstanding dues of Rs 215.17 crore on Wednesday, June 16.

Total NPAs of the banking system stand at over Rs 8trillion of which Rs 6 trillion are with public sector banks.

The company is among 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore

Lanco Infratech's (LITL) consolidated net loss widened to Rs 448.88 crore during the quarter ended June 30, 2016.

Lanco Infratech Ltd on Wednesday said it is in discussions with lenders and consultants to sell some of its operating assets.

Lanco Infratech Ltd on Wednesday said it is in discussions with lenders and consultants to sell some of its operating assets.

Lanco Infratech on Thursday reported a consolidated net profit of Rs 136.49 crore for the quarter ended December 31, 2015, on the back of better performance of operating power projects and write-back of tax provisions.

Lanco Kondapalli Power Limited, asubsidiary of Lanco Infratech, has operationalised a 371 Mw unit of Kondapalli Power Project at Vijayawada in Andhra Pradesh.

The Hindu Business Line newspaper reported that Lanco Infrastructure has approved a move to issue compulsorily convertible debentures (CCDs) on preferential basis to IDFC Bank.

Lanco Infratech Ltd on Friday said the board will meet next week to consider the proposal for issuing compulsory convertible debentures (CCDs).

Lanco Amarkantak Power (LAPL), an arm of Lanco Infratech, has started power supply to Haryana distribution companies from its Amarkantak plant in Chhattisgarh.

The revenues of Lanco Amarkantak is likely to double to Rs 1,200 crore and its operating profit (EBITDA) is likely to increase by Rs 200 crore for the full year of operation after the start of power supply to Haryana Discom, Lanco Infra said in a release to Bombay Stock Exchange.

Stocks of 21 companies, including Standard Chartered, Financial Technologies India, Reliance Industrial Infrastructure, JSW Holdings, ABG Shipyard and Lanco Infratech, will be dropped from the BSE 500 index on December 21.

Aiming to pare debt, Lanco Infratech will raise $1 billion (about Rs 6,600 crore) through the sale of one of its large power projects and listing of its power business in the next two years.